Rule 69O-137.009, F.A.C., and Form OIR-D0-1185 are being amended to reflect the changes made to Section 624.424(10) F.S., during the 2024 session. Those changes require that data collected from personal and commercial residential ....

 

DEPARTMENT OF FINANCIAL SERVICES

OIR – Insurance Regulation

RULE NO.:RULE TITLE:

69O-137.009Filing Procedures for Commercial and Personal Residential Property Supplemental Quarterly Report

PURPOSE AND EFFECT: Rule 69O-137.009, F.A.C., and Form OIR-D0-1185 are being amended to reflect the changes made to Section 624.424(10) F.S., during the 2024 session. Those changes require that data collected from personal and commercial residential property insurance companies will be reported by zip code, not county, and those reports will be submitted on a monthly, rather than quarterly, basis. The changes to Form OIR-D0-1185 will allow insurers to submit that data as required beginning with the January 2025 data. The proposed draft rule and form are identical to those work shopped on May 30, 2024.

SUBJECT AREA TO BE ADDRESSED: Annual Audited Financial Reports

RULEMAKING AUTHORITY: 624.424, F.S.

LAW IMPLEMENTED: 624.424(10), F.S.

IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:

DATE AND TIME: Thursday, November 7, 2024, 9:00 a.m.

PLACE: 116 Larson Building, 200 East Gaines Street, Tallahassee, Florida. To join by telephone, call [phone] and enter conference ID# 278-041-641#.

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Kama Monroe at [phone] or [e-mail] If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Kama Monroe, Assistant General Counsel, [e-mail], [phone].

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.